South Korea Connected Truck Market (2025-2031) | Outlook, Revenue, Analysis, Growth, Share, Companies, Industry, Size, Trends, Forecast & Value

Topics Covered in South Korea Connected Truck Market Report

South Korea Connected Truck Market Report thoroughly covers the market by Range, by Service, and by Component. South Korea Connected Truck Market Outlook report provides an unbiased and detailed analysis of the ongoing South Korea Connected Truck Market trends, opportunities/high growth areas, and market drivers. This would help stakeholders devise and align their market strategies according to the current and future market dynamics.

South Korea Connected Truck Market Synopsis

South Korea Connected Truck market is projected to witness significant growth driven by the increasing demand for fleet management and cybersecurity updates. The market growth is fueled by the rising need for efficient and secure communication between trucks using advanced technology.

According to 6Wresearch, South Korea Connected Truck Market size is projected to grow at a CARG of 16.33% during 2025-2031. The rising demand for DSRC and cellular range services, owing to varying connectivity needs, drives the market growth. More high-tech solutions are required for large scale operations, leading to increased use of Hardware and Software Components. Diversified fleet management practices, precision technology practices, and focus on cybersecurity stimulate connected truck adoption, catering to varying operational needs. Infrastructure improvements, market segmentation strategies, and innovative solutions tailored to niche markets further propel market growth.

In addition, the expansion of the logistics and transportation sector and the need for efficient and secure connectivity are propelling the connected truck market in South Korea. Despite the growing demand for Connected Trucks in South Korea, the market faces several challenges such as addressing the skills gap, providing training programs, upskilling workforce capabilities, and fostering digital literacy among truck drivers, fleet managers, maintenance personnel, and IT professionals pose challenges in adapting to connected truck technologies. Investing in training initiatives, knowledge transfer programs, and skill development efforts is crucial for preparing stakeholders to leverage connected solutions effectively and maximize their benefits.

South Korea Connected Truck Market: Key Players

The South Korea Connected Truck Market is witnessing significant growth, with key players like Samsung, LG, and Hyundai. These industry leaders are known for their technologically advanced and durable trucks. They focus on innovative designs and customer-centric strategies to strengthen their market positions. Their trucks renowned for performance, safety, and efficiency cater to a robust transportation base.

Government Policy of the Market

Government investments in infrastructure development, road networks, and IT facilities support mechanization, market access, and business activities, creating opportunities for connected truck use. The government promotes programs that encourage the adoption of modern fleet management technologies, including advanced cybersecurity and updates, to improve efficiency and increase overall performance. Government funding for research and development in the logistics sector encourages innovation, technology advancements, and product diversification in the connected truck market, fostering collaboration between academia, industry, and businesses to drive truck innovation and performance improvements.

Future Insights of the Market

The integration of IoT solutions, and data analytics into connected trucks will revolutionize fleet management practices, enabling real-time monitoring, and data-driven decision-making for optimized efficiency. The emergence of autonomous vehicles and smart logistic solutions will disrupt traditional methods, offering energy-efficient, automated solutions that enhance productivity, reduce labor costs, and improve operational sustainability in South Korea. Growth of specialized connected truck segments targeting niche markets, unique applications, and specialized sectors such as logistics, catering to specific requirements, operational challenges, and productivity demands within specialized domains.

Market Segmentation By Range

According to Ravi Bhandari, Research Head, 6Wresearch, the "DSRC" segment is witnessing rapid growth due to Connected Trucks with DSRC range are designed for specialized applications, demanding tasks that require advanced features, and performance capabilities to tackle challenging conditions and heavy-duty operations in South Korea.

Market Segmentation By Service

In the South Korea Connected Truck Market, Fleet Management is the primary service driving the demand for connected trucks. Connected Trucks play a pivotal role in logistics by enhancing operational efficiency, speeding up tasks such as delivery and tracking, leading to improved productivity.

Market Segmentation By Component

Hardware is witnessing rapid growth in this segment. Hardware components are essential for effective connectivity, making them ideal for logistics and transportation applications in South Korea.

Key Attractiveness of the Report

• 10 Years of Market Numbers.
• Historical Data Starting from 2021 to 2024.
• Base Year: 2024
• Forecast Data until 2031.
• Key Performance Indicators Impacting the Market.
• Major Upcoming Developments and Projects.
• Market Scope and Segmentation

Key Highlights of the Report:

• South Korea Connected Truck Market Outlook
• Market Size of South Korea Connected Truck Market, 2024
• Forecast of South Korea Connected Truck Market, 2031
• Historical Data and Forecast of South Korea Connected Truck Revenues & Volume for the Period 2021 - 2031
• South Korea Connected Truck Market Trend Evolution
• South Korea Connected Truck Market Drivers and Challenges
• South Korea Connected Truck Price Trends
• South Korea Connected Truck Porter's Five Forces
• South Korea Connected Truck Industry Life Cycle
• Historical Data and Forecast of South Korea Connected Truck Market Revenues & Volume By Range for the Period 2021 - 2031
• Historical Data and Forecast of South Korea Connected Truck Market Revenues & Volume By DSRC for the Period 2021 - 2031
• Historical Data and Forecast of South Korea Connected Truck Market Revenues & Volume By Cellular for the Period 2021 - 2031
• Historical Data and Forecast of South Korea Connected Truck Market Revenues & Volume By Service for the Period 2021 - 2031
• Historical Data and Forecast of South Korea Connected Truck Market Revenues & Volume By Fleet Management for the Period 2021 - 2031
• Historical Data and Forecast of South Korea Connected Truck Market Revenues & Volume By Cybersecurity & Updates for the Period 2021 - 2031
• Historical Data and Forecast of South Korea Connected Truck Market Revenues & Volume By Component for the Period 2021 - 2031
• Historical Data and Forecast of South Korea Connected Truck Market Revenues & Volume By Hardware for the Period 2021 - 2031
• Historical Data and Forecast of South Korea Connected Truck Market Revenues & Volume By Software for the Period 2021 - 2031
• South Korea Connected Truck Import Export Trade Statistics
• Market Opportunity Assessment By Range
• Market Opportunity Assessment By Service
• Market Opportunity Assessment By Component
• South Korea Connected Truck Top Companies Market Share
• South Korea Connected Truck Competitive Benchmarking By Technical and Operational Parameters
• South Korea Connected Truck Company Profiles
• South Korea Connected Truck Key Strategic Recommendations

Market Scope and Segmentation

The report provides a detailed analysis of the following market segments:

By Range:

• DSRC
• Cellular

By Service:

• Fleet Management
• Cybersecurity & Updates

By Component:

• Hardware
• Software